UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported): November 13, 2008 (November 10, 2008)
CHINA HEALTHCARE ACQUISITION CORP.
(Exact Name of Registrant as Specified in Charter)
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| Delaware
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001-33269
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20-5013347 |
(State or Other Jurisdiction
of Incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.) |
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1233 Encino Drive
Pasadena, CA
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91108 |
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(Zip Code) |
Registrant’s telephone number, including area code: (626) 568-9924
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 1.02 TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT
China Healthcare Acquisition Corp (“CHM”) and Teambest International, Ltd. and Madame Wang Lahua
(collectively, “Seller”) have mutually agreed effective as November 10, 2008, to terminate the
stock purchase agreement among them pursuant to which CHM was to have purchased all of the
outstanding equity of Europe Asia Huadu Environment Holdings, Ltd Pty. The agreement is described
in more detail in the Current Report on Form 8-K filed by CHM with the Securities and Exchange
Commission on August 11, 2008.
CHM and Seller mutually agreed to the termination. CHM determined that it would not receive the
votes of its stockholders required for approval of the acquisition.
In connection with the termination, CHM and Seller entered into a mutual release. A copy of the
termination agreement is filed as Exhibit 10.1.
Management of CHM is currently considering the company’s alternatives.
Item 7.01 REGULATION FD DISCLOSURE
The
information contained in this Item 7.01 shall not be deemed to be incorporated by reference in any
filings under the Securities Act of 1933, as amended.
Item 8.01 OTHER EVENTS
Separately, CHM confirmed that the funds in the Trust Account are now invested in the JP Morgan
100% U.S. Treasury Securities Money Market Fund.
Press Release
On
November 13, 2008, CHM issued a press release announcing it and the Seller had mutually
terminated the stock purchase agreement. A copy of the press release is attached hereto as Exhibit
99.1.
Financial Statements and Exhibits
Exhibits
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| Exhibit No. |
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Description |
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10.1
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Termination Agreement as November 10, 2008 |
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99.1
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Press Release dated November 13, 2008, announcing the
termination of the Stock Purchase Agreement |
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